Venture Capital
@venture
� Super Micro co-founder faces up to 30 years over $2.5B Nvidia chip smuggling case
The U.S. Department of Justice charged Yih-Shyan “Wally” Liaw with organizing illegal shipments of servers with Nvidia chips to China worth about $2.5B. The scheme routed hardware through Taiwan and Southeast Asia using shell companies and fake documents.
The group used “dummy servers” and manually altered serial numbers to bypass checks. Three people linked to the case are under investigation, with one still at large.
Super Micro itself is not charged, but the stock has dropped following the news.
@venture
The U.S. Department of Justice charged Yih-Shyan “Wally” Liaw with organizing illegal shipments of servers with Nvidia chips to China worth about $2.5B. The scheme routed hardware through Taiwan and Southeast Asia using shell companies and fake documents.
The group used “dummy servers” and manually altered serial numbers to bypass checks. Three people linked to the case are under investigation, with one still at large.
Super Micro itself is not charged, but the stock has dropped following the news.
@venture
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